Compare ActivTrades vs NAGA
What is ActivTrades? What is NAGA?
ActivTrades is a UK-based CFD and forex broker that offers over 1,000 trading instruments, including indices, commodities, metals, bonds, ETFs, and shares.
NAGA is a social trading platform that allows users to trade real stocks, cryptocurrencies, forex, and CFDs, as well as copy other traders and invest in portfolios.
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
ActivTrades vs NAGA Regulation Comparison
ActivTrades is regulated by multiple top-tier authorities, such as the FCA in the UK, the CSSF in Luxembourg, the DFSA in the UAE, and the SCB in the Bahamas. NAGA is regulated by the CySEC in Cyprus and the FSA in Seychelles.
ActivTrades vs NAGA Trading Assets Comparison
ActivTrades offers a slim product portfolio compared to NAGA. ActivTrades only provides forex and CFD trading, while NAGA also offers real stocks, crypto, futures, options, and ETFs.
ActivTrades vs NAGA Trading Fees Comparison
ActivTrades has low trading fees for CFDs and forex. The fees are built into the spread, which is variable and depends on market conditions.
NAGA also has low trading fees for most assets, except for real stocks and ETFs, which have a commission of 0.1% per trade. NAGA also charges a conversion fee of 0.5% if the traded asset’s currency differs from the account base currency.
ActivTrades vs NAGA Account Types Comparison
ActivTrades has only one account type for all clients, with a minimum deposit of $0 and a maximum leverage of 1:400.
NAGA has four account types: Iron, Bronze, Silver, and Gold. The minimum deposit ranges from $0 to $50,000 depending on the account type. The maximum leverage is 1:1000 for Iron and Bronze accounts, and 1:500 for Silver and Gold accounts.
ActivTrades vs NAGA Deposit Options Comparison
ActivTrades does not charge any deposit or withdrawal fees in most cases. The available payment methods are credit/debit cards, bank transfer, PayPal, Skrill, Neteller, and SOFORT.
NAGA also does not charge any deposit or withdrawal fees for most methods. The available payment methods are credit/debit cards, bank transfer, Skrill, Neteller, Trustly, giropay, iDEAL, Przelewy24, paysafecard, crypto cash, crypto wallets (Bitcoin, Ethereum, Litecoin, Dash), Dragonpay (Philippines), and local bank transfer (Indonesia).
ActivTrades vs NAGA Trading Platforms Comparison
ActivTrades supports three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and ActivTrader. MT4 and MT5 are popular platforms that offer advanced charting tools, indicators, automated trading strategies (EAs), and mobile trading apps. ActivTrader is a proprietary web-based platform that has a user-friendly interface and some unique features such as smart order lines and hedging mode.
NAGA supports two trading platforms: MT4 and MT5 as well as its own web-based platform called NAGA Trader. NAGA Trader has a social trading feature that allows users to follow and copy other traders’ actions, chat with them, and join trading groups. NAGA Trader also has a mobile app that integrates with NAGA’s own cryptocurrency wallet and card services.
ActivTrades vs NAGA Analytical Tools Comparison
ActivTrades provides various analytical tools to help traders with their strategies. These include market news updates, economic calendar events alerts via SMS or email notifications; technical analysis reports from Trading Central; Autochartist pattern recognition software; SmartForecast indicator that predicts market movements; SmartPattern indicator that scans historical data for patterns; SmartOrder 2 tool that enhances MT4’s functionalities; SmartLines tool that executes orders based on trend lines; SmartCalculator tool that calculates risk-reward ratios; SmartTemplate tool that indicates market sentiments; Pivot Points indicator that shows support and resistance levels; Molanis Strategy Builder that creates EAs without coding; VPS service that allows remote access to MT4; and educational webinars and seminars on various topics.
NAGA also offers some analytical tools to assist traders with their decisions. These include market news updates from Dow Jones Newswires; economic calendar events alerts via push notifications or email notifications; Autochartist pattern recognition software; Trading Signals service that provides live trading recommendations from professional analysts; educational webinars and videos on various topics; and NAGA Academy that offers online courses on trading skills and strategies.
ActivTrades vs NAGA. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. It depends on your personal preferences, trading goals, and risk appetite. However, here are some possible factors that you can consider when comparing ActivTrades and NAGA:
- Regulation: ActivTrades has more regulatory licenses from top-tier authorities than NAGA, which may indicate a higher level of trustworthiness and security for your funds. However, NAGA also has a decent level of regulation from CySEC and FSA, which are reputable regulators in the industry.
- Trading Assets: NAGA has a wider range of trading assets than ActivTrades, including real stocks, crypto, futures, options, and ETFs. This may give you more opportunities and flexibility to diversify your portfolio and trade different markets. However, ActivTrades also has a good selection of forex and CFD instruments, including indices, commodities, metals, bonds, and shares.
- Trading Fees: Both brokers have low trading fees for most assets, except for real stocks and ETFs on NAGA, which have a commission of 0.1% per trade. NAGA also charges a conversion fee of 0.5% if the traded asset’s currency differs from the account base currency. You may want to compare the spreads and commissions of the assets you are interested in trading on both platforms to see which one offers better value for money.
- Account Types: ActivTrades has only one account type for all clients, while NAGA has four account types with different minimum deposits and maximum leverages. You may want to choose an account type that suits your trading style and budget. For example, if you are a beginner or a low-risk trader, you may prefer an account with a low minimum deposit and a moderate leverage. If you are an experienced or a high-risk trader, you may prefer an account with a higher minimum deposit and a higher leverage.
- Deposit and Withdrawal Options: Both brokers do not charge any deposit or withdrawal fees for most methods, which is a plus point for both of them. However, NAGA has more payment options than ActivTrades, including crypto cash, crypto wallets, Dragonpay (Philippines), and local bank transfer (Indonesia). This may make it easier for you to fund your account and withdraw your profits using your preferred method. However, ActivTrades also has some popular payment options such as credit/debit cards, bank transfer, PayPal, Skrill, Neteller, and SOFORT.
- Trading Platforms: Both brokers support MT4 and MT5 platforms, which are widely used and trusted by traders around the world. They offer advanced charting tools, indicators, automated trading strategies (EAs), and mobile trading apps. However, they also have their own proprietary web-based platforms that have some unique features. ActivTrader has a user-friendly interface and some features such as smart order lines and hedging mode. NAGA Trader has a social trading feature that allows you to follow and copy other traders’ actions, chat with them, and join trading groups. You may want to try out both platforms to see which one suits your preferences and needs better.
- Analytical Tools: Both brokers provide various analytical tools to help you with your trading strategies. They include market news updates, economic calendar events alerts, technical analysis reports from Trading Central, Autochartist pattern recognition software, Trading Signals service from professional analysts, educational webinars and videos on various topics, and online courses on trading skills and strategies. You may want to explore these tools to enhance your trading knowledge and performance.
